Property Overview
This one-storey home at 81 Bonaventure Drive E in Winnipeg's Fraipont area presents a specific and practical value proposition. Built in 2017, it's a relatively modern home that requires little immediate upkeep. Its key appeal lies in its efficiency and position as a newer, entry-level property in a neighbourhood of generally older homes. With 1,263 sqft of living space, an attached garage, and an unfinished basement, it offers a solid foundation without premium finishes.
The home suits first-time buyers or downsizers seeking a low-maintenance, modern build without a large footprint. Its assessed value is notably above the citywide average, suggesting official recognition of its condition and age, yet it sits below average for its own street and neighbourhood—a point that savvy buyers might see as an opportunity in a newer, developing area. The lot size is manageable, ideal for those who want outdoor space without extensive yard work.
Key Considerations & FAQs
1. Is this a good value for the neighbourhood?
The data shows a split story. The home's assessed value is above the Winnipeg average but below the average for both Bonaventure Drive E and Fraipont. This could indicate it's a newer, more modestly sized home among larger or more renovated properties in the immediate area, potentially offering a cost-effective way to get into a newer build.
2. What does "below average" for living area on the street mean?
Most homes on Bonaventure Drive E are larger (averaging 1,785 sqft). This home is more compact, which translates to lower utility costs and less space to maintain, but may feel cozy for some families.
3. How significant is the unfinished basement?
This is a major opportunity for customization and added value. It provides ample storage and allows a future owner to finish it to their taste and budget, adding significant livable space. However, it requires an upfront investment for those wanting completed rooms.
4. The home sold in 2022. What does that recent sale history indicate?
A sale just a few years ago in a newer home often suggests a stable, non-distressed transaction. It provides a clear, recent market price benchmark, which is valuable for understanding current value.
5. Why is the year built considered "Elite" citywide?
Compared to Winnipeg's median home build year of 1966, a 2017 construction is in the top 5% for newness. This is a major advantage, implying modern building codes, materials, and systems that should mean fewer major repairs in the near term.